Investor Presentaiton
Quarterly Financial Reconciliation (GAAP to non-GAAP)
($ in millions, unless otherwise stated)
1
Other Information for Q4 2019:
Q4
Q3
Q4
2019
2019
2018
.
PPA effects: ($394M)
Total Revenue
GAAP Gross Profit
Gross profit adjustments
Non-GAAP Gross Profit
GAAP Gross Margin
Non-GAAP Gross Margin
2,301
2,265
2,403
1,209
1,186
1,243
•
(39)
(30)
(32)
1,248
1,216
1,275
Restructuring: $1M
Stock-based compensation: ($89M)
Merger-related costs: ($4M)
52.5%
52.4%
51.7%
Other incidentals: ($4M)
54.2%
53.7%
53.1%
GAAP Operating income (loss)
197
233
224
Operating income adjustments
Non-GAAP Operating income (loss)
(490)
(454)
(507)
687
687
731
•
Non-cash interest expense on
convertible notes: ($8M)
Foreign exchange loss: ($4M)
Other financial expense: ($4M)
GAAP Operating Margin
8.6%
10.3%
9.3%
Non-GAAP Operating Margin
29.9%
30.3%
30.4%
GAAP Financial income (expense)
(93)
(85)
(77)
Financial income adjustments
Non-GAAP Financial income (expense)
(16)
(19)
(17)
(77)
(66)
(60)
20
NXP
Note:
1.
Please refer to the NXP Historic Financial Model file found on the Financial Information page of the Investor Relations section of our website at www.nxp.com/investor for additional information relative to our Non-GAAP Financial MeasuresView entire presentation